Overview
Daily NAV
$11.78
-0.44% ($0.05)
February 3, 2023
-
Inception DateOctober 23, 2019
-
Net Assets$16.78 million
-
Fund Manager 1The Empire Life Insurance Company
-
Min. Investment$1,000 initial, $50 per fund
-
MER3.37%
-
Asset classU.S. Equity
Risk: Low to Medium
Low
Low To Moderate
Moderate
Moderate To High
High
1 Empire Life Investments Inc. is the portfolio manager of the Empire Life segregated funds and is a wholly owned subsidiary of The Empire Life Insurance Company.
Why Invest
You are seeking long-term growth through capital appreciation by investing mainly in equity securities of U.S. corporations
Fund codes
| Series | Front-end load | Low load | No load | Deferred Sales Charge |
|---|---|---|---|---|
| Class L | ECF12061 | ECF12261 | ECF12361 | ECF12561 |
Performance As at December 31, 2022
Growth of $10,000
Investment value:
$11,495.97
at
December 30, 2022
Compound Returns 2
| Series | 1 mth | 3 mths | 6 mths | YTD | 1 year | 3 years | 5 years | 10 years | psi |
|---|---|---|---|---|---|---|---|---|---|
| Empire Life Multi-Strategy U.S. Equity GIF Class L | -4.69% | 6.04% | 6.11% | -13.17% | -13.17% | 3.09% | — | — | 4.27% |
| Series | Empire Life Multi-Strategy U.S. Equity GIF Class L |
|---|---|
| 1 mth | -4.69% |
| 3 mths | 6.04% |
| 6 mths | 6.11% |
| YTD | -13.17% |
| 1 year | -13.17% |
| 3 years | 3.09% |
| 5 years | — |
| 10 years | — |
| psi | 4.27% |
2 Annual Compound Returns: Returns under 1 year are simple rates of return. All others are annual compound rates of return. All returns are calculated after taking expenses, management and administration fees into account. Past performance is no guarantee of future performance.
Calendar Returns
| Series | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Empire Life Multi-Strategy U.S. Equity GIF Class L | — | — | — | — | — | — | — | 9.05% | 15.70% | -13.17% |
| Series | Empire Life Multi-Strategy U.S. Equity GIF Class L |
|---|---|
| 2013 | — |
| 2014 | — |
| 2015 | — |
| 2016 | — |
| 2017 | — |
| 2018 | — |
| 2019 | — |
| 2020 | 9.05% |
| 2021 | 15.70% |
| 2022 | -13.17% |
Portfolio Allocations As at November 30, 2022
Sector Allocation
| Colours | Name | Weight |
|---|---|---|
| Information Technology | 23.00% | |
| Health Care | 19.70% | |
| Financials | 13.78% | |
| Industrials | 10.97% | |
| Consumer Discretionary | 7.75% | |
| Consumer Staples | 7.27% | |
| Energy | 5.13% | |
| Materials | 4.26% | |
| Communication Services | 3.70% | |
| Utilities | 3.06% | |
| Real Estate | 1.38% |
Asset Allocation
| Colours | Name | Weight |
|---|---|---|
| U.S. Equity | 84.43% | |
| Cash and Equivalents | 6.14% | |
| International Equity | 2.03% | |
| Canadian Equity | 0.20% |
Underlying Fund Holdings
| Name | Weight |
|---|---|
| Mawer U.S. Equity | 18.27% |
| T ROWE PRICE DIVIDEND GROWTH ETF | 15.62% |
| VANGUARD RUSSELL 1000 VALUE | 11.70% |
| Vanguard S&P 500 ETF | 11.34% |
| Dynamic Active U.S. Dividend ETF | 7.21% |
| iShares MSCI USA Min Vol Factor ETF | 6.95% |
| iShares MSCI USA Momentum Factor ETF | 6.89% |
| Invesco QQQ Trust | 4.96% |
| iShares Edge MSCI USA Quality Factor ETF | 4.93% |
| Invesco Russell 1000 Equal Weight ETF | 3.98% |
Portfolio Manager(s)
Dave Paterson
Vice President, Strategic Investment Solutions
Empire Life Investment Team
Empire Life Investment Team